Wednesday, September 29, 2021
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Make in Odisha: Newly launched 14 industrial units to generate 3773 jobs and Rs 1,537 crore investment

Odisha's chief minister Naveen Patnaik recently inaugurated three industrial projects and performed the groundbreaking for eleven with the aim to significantly boost the Make in Odisha initiative.

Odisha’s chief minister Naveen Patnaik recently inaugurated three industrial projects and performed the groundbreaking for eleven with the aim to significantly boost the Make in Odisha initiative. These 14 industrial units will generate employment opportunities for 3773 people in the state with a combined investment of Rs 1,537.07 crore, said the state government.

These diverse projects span the sectors of renewable energy, metals and downstream processing, food processing, textiles and apparel, fertiliser, and plastics. Aditya Birla Renewables Limited, IFFCO, Supreme Industries, and Britannia Industries Limited are among the leading companies promoting these projects, said a statement.

Chief Minister stated on the occasion, “Odisha is rapidly emerging as the ‘Manufacturing Hub of Eastern India.’ The stable policy and regulatory environment created by my government have facilitated the growth of industries in the state. The implementation of reforms to improve the ease of doing business and the facilitation provided by various departments have ensured that businesses in the state continue to grow.”

He added: “Our industries have been actively collaborating with the state government not only on economic development but also on social responsibility.” “During the second wave’s peak, when the entire country was experiencing a medical oxygen shortage, Odisha took a proactive role in assisting other states in supplying lifesaving medical oxygen. Numerous Odisha industries have contributed medical oxygen, tankers, generators, cylinders, and critical accessories.”

Projects inaugurated

Aditya Birla Renewables Limited will invest Rs 352.50 crore in a solar power plant in Bolangir, generating potential employment opportunities for over 80 people.

Runaya Refining LLP will establish an Aluminium Dross Refining unit in Banjari, Jharsuguda for an investment of Rs 64.43 crore, creating potential employment opportunities for over 175 people.

Wild Lotus Fashions will invest Rs 20 crore to establish a garment manufacturing unit in Chhatabar, Khordha, creating potential employment opportunities for over 783 people.

Projects for which groundbreaking was performed

A Sulphuric Acid Expansion Project unit with an additional annual capacity of 6,60,000 MT will be established at Paradip, Jagatsinghpur, by Indian Farmers Fertilizer Cooperative Limited (IFFCO) at a cost of Rs 400 crore, generating potential employment for over 21 people.

KAI International will invest Rs 265.72 crore to build an iron ore beneficiation plant with a capacity of 1.50 million tonnes per annum and a pellet plant with a capacity of 1.20 million tonnes per annum at Lahunipada, Sundargarh. The project will create potential employment opportunities for over 475 people.

Supreme Industries Limited will establish a manufacturing unit in Khuntuni, Cuttack with a capacity of 55,000 MT per annum for the production of plastic pipes, PVC water storage tanks, and allied plastic products at a cost of Rs 151.30 crore, creating potential employment opportunities for over 320 people.

Britannia Industries Limited’s manufacturing unit for Biscuits, Cakes, Rusk, and other bakery products in Khordha will be expanded with an additional annual capacity of 30,000 MT at a cost of Rs 93.60 crore, creating potential employment opportunities for over 350 people.

Niren Kumar Anand has invested Rs 62.44 crore in a footwear manufacturing unit in Champajhar, Khordha, which will create potential employment opportunities for over 620 people.

Astral Polytechnik Limited will establish a manufacturing facility for HDPE and thermoplastic pipes in Ramdaspur, Cuttack, with an investment of INR 60.06 crore, creating potential employment opportunities for over 150 people.

Jay Bharat Spices will establish a food processing unit and cold storage facilities in Ramdaspur, Cuttack, at a cost of Rs 50.10 crore, creating potential employment opportunities for over 550 people.

Printech Offset private limited will establish an offset printing and book-binding unit in Jaymangal, Khordha for an investment of Rs 6.74 crore, creating potential employment opportunities for over 64 people.

Renewable Envirogic (P) Ltd. has invested Rs 5.33 crore in a biomedical waste management plant in Choudwar, Cuttack, which will generate potential employment opportunities for over 102 people.

Arnab Care & Food will invest Rs 2.20 crore to establish an organic fertilisers and manure processing unit in Choudwar, Cuttack, creating potential employment opportunities for over 34 people.

Pratistha Ventures will invest Rs 2.65 crore to establish a food processing unit for noodles, papad, and pickles in Choudwar, Cuttack, creating potential employment opportunities for over 49 people.

Jagatsinghpur district leads the list of investments with a Rs 400 crore investment by IFFCO, followed by Bolangir with a Rs 352.50 crore renewable energy project, Cuttack with six projects worth Rs 271.64 crores, and Khordha with four projects worth Rs 182.78 crores. Other districts, such as Sundargarh and Jharsuguda, received investments totalling Rs 265.72 crore and Rs 64.43 crore, respectively, through various industrial projects, the state government said.

Since November 2017, a total of 195 projects have been inaugurated totalling Rs 92,460.84 crores in investment and providing employment for over 1,18,211 people. Odisha’s rapid industrial development is facilitated by the state’s single window approval mechanism and rapid implementation of projects said the state government.

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